GOOG · 10-Q · 2026Q2 · Full report
Google Cloud Strategic Acquisitions
Alphabet Inc. · 2026-07-23 · Importance 71 · Surprise 60 · In source text
Alphabet completed its $29.5 billion acquisition of Wiz on March 11, 2026, with the acquired results reported in Google Cloud. Alphabet also completed its $5.9 billion acquisition of Intersect on March 10, 2026, with results allocated across its segments. In March 2026, Alphabet agreed to contribute its wholly owned GFiber interest to a newly formed entity in exchange for $1.5 billion in cash, a $2.0 billion note receivable, and a 49.99% equity interest. The GFiber transaction is expected to close in late 2026 and would leave the remaining interest accounted for under the equity method.
Key facts
- In March 2026 Alphabet entered into a definitive agreement to contribute GFiber into a newly formed entity and upon closing expects to receive $1.5 billion in cash, a $2.0 billion note receivable, and a 49.99% equity interest; transaction expected to close in late 2026. source
- On March 11, 2026 Alphabet completed its acquisition of Wiz for $29.5 billion after purchase price adjustments and excluding post combination compensation arrangements; results are included in Google Cloud. source
- On March 10, 2026 Alphabet completed its acquisition of Intersect for $5.9 billion after purchase price adjustments. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +3.2% | On March 11, 2026 Alphabet completed its acquisition of Wiz for $29.5 billion after purchase price adjustments and excluding post… |
| assets | positive | realized | +0.6% | On March 10, 2026 Alphabet completed its acquisition of Intersect for $5.9 billion after purchase price adjustments. |
| assets | positive | probable | +0.1% | In March 2026 Alphabet entered into a definitive agreement to contribute GFiber into a newly formed entity and upon closing expects to… |
| cash | positive | probable | +0.1% | In March 2026 Alphabet entered into a definitive agreement to contribute GFiber into a newly formed entity and upon closing expects to… |
| assets | positive | probable | — | In March 2026 Alphabet entered into a definitive agreement to contribute GFiber into a newly formed entity and upon closing expects to… |